Dennis CPA - Laramide Resources Chief Officer

LAM Stock  CAD 0.83  0.02  2.35%   

Insider

Dennis CPA is Chief Officer of Laramide Resources
Age 75
Address The Exchange Tower, Toronto, ON, Canada, M5X 1B1
Phone416-599-7363
Webhttps://laramide.com

Laramide Resources Management Efficiency

The company has return on total asset (ROA) of (0.0231) % which means that it has lost $0.0231 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.0553) %, meaning that it generated substantial loss on money invested by shareholders. Laramide Resources' management efficiency ratios could be used to measure how well Laramide Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 4th of June 2024, Return On Tangible Assets is likely to drop to -0.04. In addition to that, Return On Capital Employed is likely to drop to -0.03. As of the 4th of June 2024, Total Current Assets is likely to grow to about 10.5 M, while Total Assets are likely to drop about 66.4 M.
Laramide Resources has accumulated 156.13 K in total debt with debt to equity ratio (D/E) of 13.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Laramide Resources has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Laramide Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Laramide Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Laramide Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Laramide to invest in growth at high rates of return. When we think about Laramide Resources' use of debt, we should always consider it together with cash and equity.

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Laramide Resources Ltd. explores for and develops uranium projects in Australia and the United States. Laramide Resources Ltd. was incorporated in 1980 and is headquartered in Toronto, Canada. LARAMIDE RESOURCES operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 7 people. Laramide Resources (LAM) is traded on Toronto Exchange in Canada and employs 8 people. Laramide Resources is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification.

Management Performance

Laramide Resources Leadership Team

Elected by the shareholders, the Laramide Resources' board of directors comprises two types of representatives: Laramide Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Laramide. The board's role is to monitor Laramide Resources' management team and ensure that shareholders' interests are well served. Laramide Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Laramide Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
BA LLB, Company Sec
CFA Economics, CEO President
Rhys Davies, Vice Exploration
Dennis CPA, Chief Officer
Ann Baines, Director Relations

Laramide Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Laramide Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Information on Investing in Laramide Stock

Laramide Resources financial ratios help investors to determine whether Laramide Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Laramide with respect to the benefits of owning Laramide Resources security.